Axis Communications on Monday announced the acquisition of IP Intercom company 2N.
The company did not disclose the size of the deal.
The acquisition addresses the growing IP video intercom market and strengthens Axis Communications’ solution offering.
2N is the number one player in the field of IP intercom, and also operates in other areas such as IP audio and IP lift intercom. The company has sales channels through electricians and telecom installers as well as lift manufacturers, which can serve as a complement to Axis present sales channels.
At the same time 2N will benefit from Axis’ strong market position and R&D resources.
“The acquisition supports our ambition to contribute to a smarter and safer world. There is an increased customer demand for integrated solutions with open standards that deliver enhanced security,” said Peter Lindström, vice president New Business at Axis Communications.
Axis Communications will retain te 2N brand and the company will operate as a subsidiary within the Axis group.
The joint operations will concern knowledge sharing and assisting each other in R&D and market access. An important joint task is to accelerate the convergence from analog systems towards IP intercom and develop new opportunities.